Quickest Way to Small Business Credit eBook Katryna Johnson
Download As PDF : Quickest Way to Small Business Credit eBook Katryna Johnson 
This introductory guide shows you, step-by-step, in sequence, the proven process to obtain business credit that will allow your small business to access business loans. There’s a trick or two the small business owner needs to understand on how to obtain small business credit. Very few small business owners, no matter how smart or business-savvy they are, will stumble upon the formula for themselves.
For instance, it’s incredibly important for credibility in the eyes of a potential small business credit lender that your business has a listing in the national 411 telephone directory. Are you listed? Do you know how to find out? Landlines be listed, though it may take several months, but guess what, cellphones will not. Even if it’s purchased with your business name, a cellphone number will not make it to the national 411 telephone directory unless you take very specific steps to get it listed. This guide shows you how to accomplish this important task.
This guide will walk you through the five required prerequisites that must be done before applying for any sort of credit so you can position your business for success. Then you'll move on to build a profile with Dun and Bradstreet and obtain the magic Paydex score that small business creditors require.
You'll get lists of the exact creditors which are most likely to grant business credit to a company with no or little history.
Probably one of the biggest secrets in the business credit game is that there are four different tiers, or types, of business credit grantors. Tier One creditors are the easiest to get and will have the lowest credit limits. However, they are often some of the most frequent reporters to D&B and having history with a minimum number of them is critical before any Tier Two creditor will grant you credit. In order to get credit from a Tier Three creditor, you need to have prior credit history with some Tier One creditors and a minimum number of Tier Two creditors.
Getting credit from a Tier Three creditor will open the door to many Tier Four creditors, which include venture capitalists, business finance companies, and unsecured major business credit cards with large credit limits. But the process to get approved at this level often takes 18 months or more of solid business credit building. And even if your business credit is where it needs to be, at this level, you have to show the creditor more than just a credit score. You will need a solid business plan, income and balance sheets, and a professional loan request package. This guide shows you what you'll need in order to make your case.
Building business credit is not something that can be done overnight. It takes time, it takes effort, and it takes attention. But this process has been proven to work, year after year, even when the economy was at its worst.
Businesses which follow the process are rewarded with access to hundreds of thousands of dollars.
Don't wait until you need money to start building your foundation for small business credit. Buy today.
Quickest Way to Small Business Credit eBook Katryna Johnson
As a small business owner, I have been trying to get credit established in my company name instead of using my personal credit. This book really explained what goes on. I now have a much better understanding of what I need to do to establish business credit and what I need to do to keep business credit.Product details
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Tags : Quickest Way to Small Business Credit - Kindle edition by Katryna Johnson. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Quickest Way to Small Business Credit.,ebook,Katryna Johnson,Quickest Way to Small Business Credit,Business & Economics Small Business,Business & Economics Finance General
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Quickest Way to Small Business Credit eBook Katryna Johnson Reviews
As a small business owner, I have been trying to get credit established in my company name instead of using my personal credit. This book really explained what goes on. I now have a much better understanding of what I need to do to establish business credit and what I need to do to keep business credit.
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